A Quote by James Bovard

Foreign aid breeds kleptocracies, or governments of thieves. — © James Bovard
Foreign aid breeds kleptocracies, or governments of thieves.
Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.
During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress.
I would replace most foreign aid with a tax credit for businesses to invest. I think U.S. bureaucrats giving foreign bureaucrats money is a guaranteed failure. And we've had about 50 years' experience at failing with foreign aid.
The U.S. and Canada are two generous governments and we reach out and partner with anyone who believes in foreign aid.
Aid makes itself superfluous if it is working well. Good aid takes care to provide functioning structures and good training that enables the recipient country to later get by without foreign aid. Otherwise, it is bad aid.
Some people have been talking about - every place I go, they bring up the issue of foreign aid. I go, 'You can't get rid of all foreign aid.'
Foreign aid must be viewed as an investment, not an expense...but when foreign aid is carefully guided and targeted at a specific issue, it can and must be effective.
Hope nothing from foreign governments. They will never be really willing to aid you until you have shown that you are strong enough to conquer without them.
There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.
Washington should tell governments that printing lies and teaching intolerance will have consequences in terms of foreign assistance, political support and military aid.
Hillary Clinton and her husband set up a private foundation called the Clinton Foundation. While she was secretary of state, the Clinton foundation accepted tens of millions of dollars from foreign governments and foreign donors. Now y'all need to know out there, this is basic stuff, foreign donors and certainly foreign governments cannot participate in the American political process.
Aid can work where there is good governance, and usually fails where governments are unable or unwilling to commit aid to improve the lives of their people.
...Sound foreign policy is more than arms control, foreign aid and paying (United Nations) dues.
Technology is the perfect refuge for African capability stifled elsewhere by badly run governments and years of misplaced foreign aid. Ubiquitous connectivity in a world without legacy infrastructure, together with the potential to learn coding or anything else online, has allowed technology entrepreneurship to flourish.
Moyo, a Zambia-born economist, asserts that aid is not only ineffective-it's harmful. Her argument packs a strong punch because she was born and raised in Africa. Moyo believes aid money promotes the corruption of governments and the dependence of citizens, and advocates that an investment approach will do more to help reduce poverty than aid ever could.
The most obvious criticism of aid is its links to rampant corruption. Aid flows destined to help the average African end up supporting bloated bureaucracies in the form of the poor-country governments and donor-funded non-governmental organizations.
This site uses cookies to ensure you get the best experience. More info...
Got it!